Hci group, inc. (HCI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue
Gross premiums earned

92,365

90,165

86,002

83,315

82,597

85,211

86,163

85,919

85,772

87,877

88,669

90,088

91,619

92,405

92,542

94,912

98,819

101,946

103,842

107,765

109,567

91,435

88,944

91,221

93,888

91,370

81,244

81,952

82,547

72,028

53,109

53,772

54,698

49,751

31,741

31,218

30,896

29,398

29,978

Premiums ceded

30,719

31,467

31,568

31,317

31,413

32,453

31,986

32,954

32,250

32,106

44,705

28,241

28,583

29,053

29,242

36,384

40,372

40,320

41,077

31,378

27,839

29,659

27,684

28,572

27,508

27,942

28,310

24,617

21,996

22,464

22,506

16,702

14,267

13,918

13,211

14,174

14,222

14,314

14,333

Net premiums earned

61,646

-

-

-

51,184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net investment (loss) income

-192

-

-

-

3,278

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized investment losses

-2,244

-

-

-

-372

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net premiums earned

-

-

54,434

51,998

-

-

54,177

52,965

53,522

-

43,964

61,847

63,036

63,352

63,300

58,528

58,447

61,626

62,765

76,387

81,728

61,776

61,260

62,649

66,380

63,428

52,934

57,335

60,551

49,564

30,603

37,070

40,431

35,833

18,530

17,044

16,674

15,084

15,645

Net investment income

-

-

3,621

4,226

-

4,910

5,054

3,399

3,218

2,917

2,878

2,810

2,834

3,087

2,785

1,725

1,490

1,293

-519

1,795

1,409

1,135

1,213

1,481

1,059

655

380

295

139

109

47

302

522

504

486

507

564

473

569

Net realized investment (losses) gains

-

-

-30

-133

-

-337

1,626

2,662

2,232

2,070

-226

1,787

715

-

-

391

-75

-45

-296

-74

-193

-

3,294

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net unrealized investment (losses) gains

-4,805

689

642

1,326

5,293

-5,655

-390

-1,557

-2,600

-

74

-

-

-

-

-

-

-

-

-

-

-

-

1,167

4

-

31

-8

20

250

-4

9

21

-

-

-

-

-

-

Credit losses on investments

439

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized and unrealized investment (losses) gains

-

-

-

-

-

-

-

-

-

-

-

-

-

-

583

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net other-than-temporary impairment losses recognized in income:
Total other-than-temporary impairment losses

-

-

-

-

-

-

-

-

-

-

-

-

-

1,041

575

228

408

810

2,482

293

1,690

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Portion of loss recognized in other comprehensive income, before taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-351

314

267

-

-596

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net other-than-temporary impairment losses

-

-

0

0

-

-

0

40

40

-

474

177

213

1,041

224

542

675

812

1,886

293

1,690

107

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Policy fee income

829

823

811

800

795

826

843

855

865

901

905

908

908

947

972

988

1,007

1,019

994

942

541

994

931

638

257

85

815

1,426

772

371

624

1,028

515

160

424

667

187

434

-

Gain on repurchases of convertible senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

153

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized investment gains

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

123

140

153

1,028

505

Gain on bargain purchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,071

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

179

-

-

-

936

-

-

-

Other

585

512

501

413

456

495

433

529

542

549

369

405

433

319

321

430

400

331

204

311

415

684

257

349

417

1,047

532

285

329

783

211

267

163

195

150

187

471

53

692

Total revenue

55,380

63,231

59,979

58,630

60,634

52,997

61,743

58,813

57,739

61,623

47,490

67,580

67,713

72,371

69,808

61,520

60,747

63,412

61,262

79,068

82,210

64,752

66,955

66,284

68,117

65,252

54,692

59,333

61,811

51,077

31,481

38,855

41,652

36,566

19,713

19,481

18,049

17,072

17,411

Expenses
Losses and loss adjustment expenses

28,078

28,898

27,327

24,293

26,996

42,101

25,769

21,803

19,655

23,204

89,231

27,665

25,529

45,406

25,909

26,272

27,080

21,420

26,200

20,565

19,039

20,529

21,991

18,383

18,565

17,348

14,489

17,414

15,872

15,928

15,017

16,197

19,168

16,886

10,431

10,523

10,403

8,783

10,863

Policy acquisition and other underwriting expenses

11,826

11,759

10,988

10,077

9,673

9,795

9,829

9,959

9,360

10,018

9,926

10,070

9,649

10,117

10,536

10,879

11,110

11,067

10,675

10,443

9,799

9,278

9,986

9,559

9,129

9,456

8,887

7,308

5,968

6,240

6,611

6,243

6,836

7,557

3,529

2,780

4,263

3,730

2,668

General and administrative personnel expenses

8,367

7,799

7,951

7,998

7,364

5,004

6,781

7,840

6,283

4,106

6,672

7,374

6,975

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Salaries and wages

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,945

5,680

5,384

-

5,040

5,236

4,898

3,869

4,357

4,072

4,185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

2,970

2,927

2,907

2,884

4,337

4,569

4,552

4,505

4,470

4,439

4,408

4,378

3,542

2,967

2,672

2,611

2,829

2,716

2,698

2,679

2,661

2,644

2,626

2,609

2,574

1,228

847

846

686

-

-

-

-

-

-

-

-

-

-

Loss on repurchases of senior notes

-

-

-

-

-

-

-

-

-

-

-

-743

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss

-

-

-

-

-

-

-

-

-

-

38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating expenses

3,482

3,072

3,087

3,063

2,981

2,873

2,889

3,186

3,167

2,909

3,233

3,045

2,876

-1,599

4,717

4,849

4,647

-2,518

4,711

4,562

4,767

4,938

5,220

5,278

5,354

-2,726

8,825

7,358

6,115

-2,862

4,728

4,406

4,267

4,100

2,447

2,357

2,128

2,021

1,886

Total expenses

54,723

54,455

52,260

48,315

51,351

64,342

49,820

47,293

42,935

44,676

113,508

53,275

48,571

66,470

49,779

50,291

51,050

45,787

49,324

43,485

41,164

41,258

44,180

39,901

39,807

40,020

33,048

32,926

28,641

30,012

26,356

26,846

30,271

28,543

16,407

15,660

16,794

14,534

15,417

Income before income taxes

657

8,776

7,719

10,315

9,283

-11,345

11,923

11,520

14,804

16,947

-66,018

14,305

19,142

5,901

20,029

11,229

9,697

17,625

11,938

35,583

41,046

23,494

22,775

26,383

28,310

25,232

21,644

26,407

33,170

21,065

5,125

12,009

11,381

8,023

3,306

3,821

1,255

2,538

1,994

Income tax expense

110

2,344

1,866

2,762

2,545

-2,879

2,926

5,117

4,013

4,856

-25,472

4,763

7,122

1,293

8,696

4,205

3,641

6,535

4,567

13,561

15,668

8,932

8,723

9,953

10,690

9,670

8,266

10,172

12,783

7,964

2,299

4,747

4,413

3,227

1,232

1,520

462

881

712

Net income

547

6,432

5,853

7,553

6,738

-8,466

8,997

6,403

10,791

12,091

-40,546

9,542

12,020

4,608

11,333

7,024

6,056

11,090

7,371

22,022

25,378

14,562

14,052

16,430

17,620

15,562

13,378

16,235

20,387

13,101

2,826

7,262

6,968

4,796

2,074

2,301

793

1,657

1,282

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-1

-3

16

22

32

34

36

42

63

181

219

218

361

17

-

-

Income available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,562

14,052

16,431

17,623

15,546

13,356

16,203

20,353

13,065

2,784

7,199

6,787

4,577

1,856

1,940

776

1,657

1,282

Basic earnings per share

0.07

0.84

0.73

0.93

0.82

-0.95

1.08

0.96

1.25

1.37

-4.44

1.05

1.27

0.47

1.17

0.71

0.60

1.12

0.72

2.17

2.50

1.43

1.34

1.53

1.60

1.34

1.17

1.44

1.87

1.23

0.30

0.85

1.07

0.74

0.30

0.32

0.13

0.27

0.21

Diluted earnings per share

0.07

0.86

0.73

0.90

0.82

-0.69

1.00

0.92

1.11

1.61

-4.44

0.93

1.15

0.51

1.10

0.71

0.60

1.05

0.71

1.93

2.21

1.30

1.23

1.39

1.44

1.29

1.13

1.40

1.81

1.13

0.27

0.74

0.88

0.65

0.27

0.30

0.12

0.25

0.19

Dividends per share

-

-

-

-

-

-

-

-

0.35

-

0.35

0.35

0.35

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.27

0.28

0.27

0.28

0.27

0.22

0.23

0.23

0.33

0.20

0.20

0.15

0.23

0.10

0.10

0.10

-

-